In a move set to shake up India’s micro and small business lending space, Hiranandani Financial Services (HFS) has raised a whopping ₹800 crore ($91.5 million) in its maiden external equity funding round. The capital infusion comes from Vitruvian Partners, a global investment firm known for backing high-growth companies worldwide.
With this fresh funding, HFS, backed by real estate giant House…
Japan-based venture capital firm Unleash Capital Partners has successfully closed its maiden fund at ₹300 crore (around $36 million), setting its sights firmly on India’s booming fintech and financial services ecosystem. The move underscores the growing appetite among Japanese investors to tap into India’s startup story, particularly in sectors where digital transformation is rewriting…
Bengaluru is witnessing a new wave of healthcare innovation, and Plazza, a quick medicine delivery startup, is leading the charge. Founded by former Zomato executive Aman Priyadarshi and Aniruddha Sen, co-founder of the now-defunct Kenko Health, Plazza has raised $1.4 million in a seed funding round led by All In Capital.
Other participants in the round included Better Capital, Tracxn founder…
India’s premium ice cream market just got its next big headline. Hocco, the fast-rising luxury ice cream brand founded by the Chona family (creators of Havmor), has raised a fresh Rs 115 crore at a dazzling Rs 2,000 crore valuation. The round comes barely four months after it bagged $10 million (Rs 83 crore) in Series B funding from the Chona Family Office and Sauce.VC, following a $12 million…
AI is transforming how businesses access capital, and Recur Club is at the forefront of this revolution. The AI-native debt marketplace has just raised $50 million to supercharge its platform, making debt financing faster, smarter, and more accessible than ever.
The fresh funding round includes $8 million in equity led by InfoEdge Ventures, LC Nueva, Physis Capital, String Ventures, and…
In a major push to tackle India’s mounting plastic waste crisis, Recove, a tech-driven plastics recycling startup, has raised Rs 5.3 crore from Momentum Capital to transform the country’s recycling supply chain. The startup, founded in 2024 by Viral Chhajer, Nirja Bhatt, and Sharan Subaiah, is aiming to build India’s first tech-enabled B2B marketplace for plastic recyclables, promising…
Virat Kohli-backed fashion brand WROGN has reported a steep net loss of Rs 76 crore for the financial year 2025, continuing a troubling trend of declining sales and rising expenses. According to the company’s filings with the Registrar of Companies, WROGN’s net loss widened by 32 percent from Rs 56.8 crore in FY24. This marks the second consecutive year of financial contraction for the men’s…
Bengaluru, India: Cloud kitchen operator Curefoods has secured Rs 160 crore ($18 million) in a pre-IPO placement from 3State Ventures, the investment arm of Flipkart co-founder Binny Bansal. The company allotted 1.28 crore equity shares at Rs 124 per share to 3State Ventures, signaling strong investor confidence ahead of its public listing.
IPO Plans and DRHP Filing
Curefoods filed its draft red…
New Delhi, India: Quick commerce giant Zepto has signed a memorandum of understanding (MoU) with the Ministry of Labour & Employment to enhance employment opportunities and improve youth employability on the National Career Service (NCS) Portal. The MoU was signed in the presence of Union Minister for Labour & Employment and Youth Affairs & Sports, Dr. Mansukh Mandaviya, at an event in New Delhi…
Bengaluru, India: Peak XV’s Surge accelerator has unveiled its 11th cohort, featuring 23 promising startups with AI taking center stage. This marks the third cohort since Surge spun out from Sequoia Capital to operate as an independent entity, further cementing its role as a leading early-stage accelerator in the region.
AI Dominates the New Cohort
Artificial intelligence continues to be the…
